Blockbuster Could Have Bought Netflix for $50 Million, but the CEO Thought It Was a Joke

John Antioco's arrogance in September 2000 cost Blockbuster its future. There are times when you look back on your career and all you can think is: "Oops. I really screwed up that time." You have to assume that's what former Blockbuster CEO John Antioco says to himself every time he remembers a …